The railway-industry has been the backbone of the global economy, and it has contributed significantly to the growth and development of many countries.
However, with the emergence of new technologies and the rise of the digital era, the rail transport industry is undergoing a significant transformation.
A New Buzzword
Digitisation of rail transport is the new catchphrase, and it is poised to revolutionise the way rail transport operates, offering a host of benefits to the industry, including increased efficiency, safety and reduced operational costs. With the advent of hyperloop and other more ways of travel, railways are getting into significant digitalisation. The adoption of digital technologies, along with targetted conventional interventions, is a cost-effective way of releasing significant additional capacity on the existing network.
Rail and Internet of Things
The digitisation of rail transport refers to the use of modern digital technologies to improve the efficiency and safety of rail operations. The goal of digitisation is to leverage new technologies, such as the Internet of Things (IoT), artificial intelligence (AI), machine learning (ML) and big data analytics, to transform rail transport into a more efficient, cost-effective and sustainable mode of transportation.
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